Port of Shanghai to increase container handling charge next year

Shanghai International Port Group (SIPG) announced that it will increase the container handling charges of Waigaoqiao and Yangshan from 10-21 per cent starting January 1, Xinhua reported.
The container handling charge of Waigaoqiao port will increase 10 per cent to CNY566.5 (US$75.97) while the charge at Yangshan port will rise 21 per cent to CNY515.
With the adjustment, SIPG revenue in 2008 is expected to grow to CNY900 million, the report said.